Make Buy -
If the item is a critical part of your unique technology or "secret sauce," making it in-house protects your intellectual property .
Specialized suppliers often have economies of scale that allow them to offer lower prices than you could achieve alone. make buy
Buying (outsourcing) is typically preferred when a company needs to remain lean or lacks specific technical expertise. If the item is a critical part of
To reach a decision, managers often perform a , which includes: managers often perform a
Buying allows you to scale up or down quickly without being tied to expensive physical assets or long-term labor contracts.
Direct supervision allows for tighter quality standards that external vendors might not meet.
Adding up all internal production costs (materials, labor, overhead) vs. the external purchase price and procurement costs.